IDFC FIRST Bank Area Recovery Manager Salaries by 10 Employees (Updated 2025)

7 - 16 years exp.

₹9.5 Lakhs - ₹16.5 Lakhs

Low Confidence

Salary of majority employees

51% more than the average Area Recovery Manager Salary in Banking Companies for 7 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Recovery Manager Salary 7 - 14 years exp. (6 salaries)	₹9.5 L/yr - ₹16.5 L/yr
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Finance & Accounting Area Recovery Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹13.5 L/yr

Last Updated: 1 Mar 2024

Companies similar to IDFC FIRST Bank for Area Recovery Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Recovery Manager Salary 6 - 18 years exp. (3 salaries)	₹6.5 L/yr - ₹9 L/yr 38% less
Kotak Mahindra Bank Area Recovery Manager Salary 11 - 23 years exp. (4 salaries)	₹9 L/yr - ₹17 L/yr 5% more
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Bandhan Bank Area Recovery Manager Salary 10 - 19 years exp. (7 salaries)	₹6 L/yr - ₹10 L/yr 37% less
Piramal Capital Housing Finance Area Recovery Manager Salary 12 - 19 years exp. (15 salaries)	₹6.5 L/yr - ₹13.2 L/yr 17% less
Muthoot Fincorp Area Recovery Manager Salary 5 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹5 L/yr 68% less

Area Recovery Manager salary at IDFC FIRST Bank ranges between ₹9.5 Lakhs to ₹16.5 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 10 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Area Recovery Manager salaries

Last Updated: 1 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹20.6 L/yr
8 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
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9 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹21.3 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹21.7 L/yr
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹22.1 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹22.5 L/yr
13 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹22.9 L/yr
14 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹16.5 L/yr
15+ years (AmbitionBox Estimate)	₹12.3 L/yr - ₹25.1 L/yr

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Top skills at IDFC FIRST Bank for Area Recovery Manager

Management Legal Operations Monitoring Legal Advice EMI Focus Budgeting Retail Banking Cost Loans Recovery

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 1 employees for salary & benefits

Collections Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 20 Jun 2024

1.0

for Salary and Benefits

Likes

I don’t like anything about this company expect the fast that you will get your salary on time thats it.

Dislikes

They are asking employee to work 7 days a week and still proud of growth saying that competition is really high you need to work all 7 days. No work life balance You will just be left with money no time to spend it. Abusive seniors mental harassment if you refuse to work on sunday’s

Salary - Bad

+6 more

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Salary - Excellent

+6 more

Dislikes

No dislikes as such

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Salary - Excellent

+1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Skill development - Bad

+4 more

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 13 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing I just only like that they give you the off but in that off they cut the salary also what is the job is this??? So it means I don't like this job, they don't hire you permanently because of if you don't give the targeted thing they will don't give you the salary and they expect ki hum inko itna Business karke de ki jitna Inka bhai karke dede

Dislikes

I don't like to work in this company as employee and already working in this bank as I am very disappointed in this company by seniors saloni bhalla territory manager of sepl and pradeep saluja state head of sepl. I feel discrimination in this company by the seniors and the other staff I am also like them I wanted to fall so I can work at there but I really didn't felt about that.

Salary - Bad

+5 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

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IDFC FIRST Bank Area Recovery Manager Salary FAQs

What is the salary of Area Recovery Manager at IDFC FIRST Bank?

Area Recovery Manager salary at IDFC FIRST Bank in India ranges between ₹9.5 Lakhs to ₹16.5 Lakhs for experience between 7 years to 16 years. According to our estimates it is 51% more than the average Area Recovery Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IDFC FIRST Bank India.

How does the salary of a Area Recovery Manager at IDFC FIRST Bank India compare with the average salary range for this job?

The average salary of a Area Recovery Manager at IDFC FIRST Bank is 51% more than the average salary of a Area Recovery Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Recovery Manager at IDFC FIRST Bank?

Management, Legal, Operations, Monitoring and Legal Advice are some of the popular skills required to work as a Area Recovery Manager at IDFC FIRST Bank India.

Which similar companies are paying more than IDFC FIRST Bank to a Area Recovery Manager in India?

Kotak Mahindra Bank Area Recovery Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Area Recovery Manager in companies similar to IDFC FIRST Bank in India?

Piramal Capital Housing Finance Area Recovery Manager Salary - ₹6.5 Lakhs to ₹13.2 Lakhs per year
Bandhan Bank Area Recovery Manager Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Area Recovery Manager Salary - ₹6.5 Lakhs to ₹9.0 Lakhs per year
Muthoot Fincorp Area Recovery Manager Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Area Recovery Manager at IDFC FIRST Bank in India?

The estimated take-home salary of a Area Recovery Manager at IDFC FIRST Bank ranges between ₹92,183 per month to ₹94,652 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Area Recovery Manager salary in India which ranges between ₹9.5 Lakhs to ₹16.5 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Recovery Manager at IDFC FIRST Bank?

According to AmbitionBox, 89% of the IDFC FIRST Bank Area Recovery Managers reported a notice period of 3 Months, 11% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Area Recovery Manager Salaries

IDFC FIRST Bank Area Recovery Manager salary in India ranges between ₹9.5 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.